As publishedby Maryellen Tighe and Gunjan Banerji, debtwire.com The Flint water quality deterioration is corroding investor confidence in Governor Rick Snyder’s ability to solve Michigan’s existing economic problems, said two buyside analysts and a restructuring advisor. Flint’s cost to Michigan will be huge… Continue Reading
As published by Tom Henderson in Crain’s Detroit Business West Michigan and Southeast Michigan are divided by most of the width of the Lower Peninsula — and divided on many of the issues of the day, according to a poll by… Continue Reading
As published by Gunjan Banerji, DebtWire Michigan’s state backing for schools is under a microscope once again as the municipal market awaits the USD 3.4bn restructuring of Detroit Public Schools (DPS), said market participants. As the state inches closer to… Continue Reading
As published in dbusiness Photographs by Patrick Gloria Winning Futures, a nonprofit in Warren that mentors youth, honored 10 Michigan residents for their dedication to improving the lives of people in their communities at the Emagine Theatre in Royal Oak… Continue Reading
As published by Kirk Pinho in Crain’s Detroit Business In a move expected to eventually save Wayne County nearly $3 million annually, county Executive Warren Evans announced plans Wednesday to consolidate employees into the county-owned Guardian Building downtown. According to… Continue Reading
As published by Izzi Bendall Joseph in dbusiness Pat O’Keefe, CEO of O’Keefe and Associates, a business consulting firm with offices in Bloomfield Hills, Grand Rapids, Chicago, and Atlanta, spoke with DBusiness Daily News about what considerations potential buyers should… Continue Reading
As published in Pakistan’s Daily Times and Economic Times of India DETROIT: Detroit’s plan for exiting the largest municipal bankruptcy in US history broke new ground by using land as a bargaining chip with creditors and could serve as a model for… Continue Reading
by COREY WILLIAMS Associated Press as published in ABC News, Illinois Herald News, The Hindu, and Lansing State Journal The largest U.S. city to endure bankruptcy has exited insolvency $7 billion lighter in debt, but the effects of civic neglect linger for many… Continue Reading
As Published on Yahoo.com and Reuters.com DETROIT (Reuters) – Detroit’s plan for exiting the largest municipal bankruptcy in U.S. history broke new ground by using land as a bargaining chip with creditors and could serve as a model for other… Continue Reading
Detroit’s plan for exiting the largest municipal bankruptcy in US history broke new ground by using land as a bargaining chip with creditors and could serve as a model for other distressed municipalities. Few cities contain as much vacant realty… Continue Reading